Saudi Pro League announces long-term partnership with Maaden
Riyadh, Saudi Arabia - The Saudi Pro League (SPL) and Saudi Arabian Mining Company (Maaden) have agreed a long-term strategic...
Business
Global economic outlook worsens, AI emerges as both catalyst and risk
Geneva, Switzerland – The global economic outlook has worsened since the start of the year, as rising economic nationalism and...
Economy
Science
Covid: Delta doubles hospital risk vs Alpha variant
Multiple studies have shown that full vaccination prevents infection with symptoms and hospitalisation, for both Alpha and Delta variants
- Multiple studies have shown that full vaccination prevents infection with symptoms and hospitalisation, for both Alpha and Delta variants
- The Delta variant was first reported in India in December 2020 and early studies found it to be up to 50 percent more transmissible than the Alpha variant
Market Report
S&P, Nasdaq end at records following Powell speech
At the closing bell, the broad-based S&P 500 had advanced 0.9 percent to 4,509.37 -- its first close over the...
- At the closing bell, the broad-based S&P 500 had advanced 0.9 percent to 4,509.37 -- its first close over the 4,500 mark
- The tech-rich Nasdaq Composite Index jumped 1.2 percent to 15,129.5
Research
Researchers discover world’s ‘northernmost’ island
The new island is 780 metres (2,560 feet) north of Oodaaq, up until now the northernmost island on the planet
- The new island is 780 metres (2,560 feet) north of Oodaaq, up until now the northernmost island on the planet
- Researchers came upon the landmass on an expedition in July
Economy
OPEC daily basket price stands at $70.75 a barrel
The price of the basket was $70.59 on August 25
- The price of the basket was $70.59 on August 25
- The OPEC Reference Basket of Crudes (ORB) is made up of oil producing countries
Geostrategy
Khamenei equates Biden with Trump
Iran’s supreme leader Ayatollah Ali Khamenei on Saturday accused US President Joe Biden of making the same demands as his...
- Ayatollah Ali Khamenei said the current US government was no different from the one headed by Trump
- "What it demands from Iran on the nuclear issue is different in words, but the same thing that Trump demanded"
Geostrategy
Iraq’s Sadr reverses poll boycott call
Iraq’s populist Shiite leader Moqtada Sadr on Friday reversed his decision to boycott the October elections and said his movement...
- Firebrand populist says he received pledges from ‘certain’ leaders to reform country, end corruption
- Sadr had said in mid-July that he would not participate in the Oct. 10 parliamentary election and would withdraw support from ‘anyone who claims they belong to us
Geostrategy
Raisi vows to improve Iran economy, Covid-19 response
The pandemic has hit the worst in the Middle East and it grapples with a fifth and the strongest yet...
- Fewer than 6.5 million of Iran’s 83 million people have received a second vaccine dose, according to official figures.
- Choked by US sanctions that have made it difficult to transfer money abroad, Iran says it has struggled to import vaccines.
Geostrategy
Dozens die in Kabul airport blasts; Islamic State claims responsibility
Islamic State struck the crowded gates of Kabul airport in a suicide bomb attack on Thursday, killing scores of civilians...
- The airport blasts came as the August 31 deadline looms for the United States to withdraw its troops.
- US President Joe Biden has vowed to hunt down those responsible for the attack that reportedly dozens, including 13 US troops
Research
Ocean surface climates may disappear by 2100: study
The world's seas have absorbed around a third of all carbon pollution produced since the Industrial Revolution
- The world's seas have absorbed around a third of all carbon pollution produced since the Industrial Revolution
- With atmospheric CO2 levels increasing, there are fears that ocean surface climates may become less hospitable to the species it hosts
Business
Disney, Delta, Big Tech dampen movie theater party at CinemaCon
After a year-and-a-half of big film releases placed on hold due to Covid, the CinemaCon trade summit has seen studios...
- After a year-and-a-half of big film releases placed on hold due to Covid, the CinemaCon trade summit has seen studios show off a glut of forthcoming blockbuster offerings
- But beneath the talk of theatrical renaissance is a great deal of uncertainty -- highlighted by the absence from Caesars Palace of Disney
Most Read
Revenue from Saudi cinema may exceed $1bn by 2030KSA, UAE play well as e-gaming trends across GCCExclusive: Middle East’s retail sector rides on AR and hybrid shopping to become $600bn digital economyTECOM Group profit soars 13%UAE startups eye Saudi Arabia for growth, expansionSaudi Arabia leads GCC AI healthcare raceDisparity remains as Saudis, Emiratis see wealth gains
Saudi Pro League announces long-term partnership with Maaden
Riyadh, Saudi Arabia - The Saudi Pro League (SPL) and Saudi Arabian Mining Company (Maaden) have agreed a long-term strategic...
Business
Company News
Latest News
Hizbollah commander killed as Blinken seeks Gaza de-escalation
On his fourth regional trip since the war began, US Secretary of State Antony Blinken arrived in Saudi Arabia after...
Geostrategy
Two Gaza journalists killed in Israeli strike: Al Jazeera
Witnesses told AFP that two rockets were fired at the car -- one hit the front of the vehicle and...
Geostrategy
Most Read
Business
China’s Evergrande says head of EV arm detained
At the time of its establishment in 2019, Evergrande NEV said it aimed to become the world's leading manufacturer of...
- Once China's biggest real estate developer, Evergrande has reported more than $300 billion in liabilities and its troubles have become a symbol of the nation's years-long property
- The firm's electric vehicle arm NEV said Monday that Liu Yongzhuo - listed on its website as its president - had "been detained in accordance with the law on suspicion of illegal
Business
Honda to set up EV plant in Canada
The plant is estimated to cost Honda US$14 billion.
- the project would represent one of the multinational firm's biggest investments ever
- Honda said that it is "considering a number of initiatives as we move into the electrified era"
UK-Palestinian surgeon fights for ‘justice’ after Gaza return
Ghassan Abu Sitta -- born in Kuwait and who has lived in Britain since the late 1980s -- arrived in...
- Ghassan Abu Sitta, a plastic surgeon specializing in conflict injuries, spent 43 days volunteering in the besieged Palestinian territory, mostly at the al-Ahli and Shifa hospitals
- The 54-year-old has already testified to the Met about the injuries he saw and the kinds of weapons used, as part of evidence being gathered for an IIC probe